Nov. 14 at 4:01 AM
$LYFT is currently experiencing bullish momentum, closing at
$23.8. The RSI at 67.18 indicates that the stock is approaching overbought territory, suggesting caution. However, the price is above both the 30-day MA (20.92) and the 50-day MA (20.88), signaling a strong upward trend. The recent 60-day high of
$25.54 provides a potential resistance level, while the 60-day low of
$15.25 shows significant support.
For a trade plan, consider entering at
$24.00, just above the last close, to capture momentum. Set a stop loss at
$22.50 to limit potential losses. Target the first profit at
$25.00, slightly below the 60-day high, and a second target at
$25.50 to maximize gains if momentum continues.
In summary:
- Entry:
$24.00
- Stop:
$22.50
- Targets:
$25.00,
$25.50
This plan leverages current momentum while managing risk effectively. https://privateprofiteers.com
